H2O SPORTSWEAR HOLDING ApS

CVR 34720169 · Private limited company (ApS) · Active · Low risk

H2O SPORTSWEAR HOLDING ApS is a Private limited company (ApS), founded on , based in Esbjerg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.5m and a net result of DKK 347k. CEO: Torben Hartvigsen.

Bankruptcy risk for H2O SPORTSWEAR HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
34720169
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o KD Selskaberne, Kongensgade 18, 1.
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 120k
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio11.1%
Current ratio46,593%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address57
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -15kDKK -45k
Net profitDKK 347kDKK -897k
EquityDKK 1.5mDKK 1.1m
Total assetsDKK 13.4mDKK 11.5m
CashDKK 570k–
Short-term debtDKK 6,250–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025125
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022102
1 Jan 2020 – 30 Jun 202168
1 Jan 2019 – 31 Dec 2019118
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017101
1 Jan 2016 – 31 Dec 201682
1 Jan 2015 – 31 Dec 201598
1 Jan 2014 – 31 Dec 2014112
12 Oct 2012 – 31 Dec 2013120

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOTorben HartvigsenCurrent
CEODennis Vad Lauridsen
Owner (50%)HARTCON HOLDING ApSCurrent
Owner (50%)DROOB ApSCurrent
Owner (50%)AQUA2 HOLDING ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderHARTCON HOLDING ApSCurrent
FounderAQUA2 HOLDING ApSCurrent

The CEOs' other companies

Torben Hartvigsen – 55 other companies, of which 3 bankrupt

Dennis Vad Lauridsen – 39 other companies, of which 3 bankrupt

Address history (2 moves)

c/o KD Selskaberne, Kongensgade 18, 1., 6700 Esbjerg
Balticagade 10, 2., 8000 Aarhus C
Balticagade 7, 8000 Aarhus C

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about H2O SPORTSWEAR HOLDING ApS

Has H2O SPORTSWEAR HOLDING ApS gone bankrupt?

No, H2O SPORTSWEAR HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of H2O SPORTSWEAR HOLDING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of H2O SPORTSWEAR HOLDING ApS?

Torben Hartvigsen is the CEO of H2O SPORTSWEAR HOLDING ApS.

Who is the auditor of H2O SPORTSWEAR HOLDING ApS?

H2O SPORTSWEAR HOLDING ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was H2O SPORTSWEAR HOLDING ApS founded?

H2O SPORTSWEAR HOLDING ApS was founded on 12 October 2012.

What is the equity of H2O SPORTSWEAR HOLDING ApS?

Equity was DKK 1.5m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.